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You need to write a 2 page paper discussing a new use of statistics. It can be from medicine, sports, your job, your other classes, or from any other direction you choose. You need to describe the use of stats - what is new here? How is it helping? What are the limitations? Where might this go next - how will the use be expanded or modiifed? Please have at least three sources.
No need to use APA - just include a reference page with hot links to your sources. You can refer to the sources in the paper be putting the author - or title- in parentheses whenever you are citing them.
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A population standard deviation
A quality control analyst measures the number of hours a patient in a low-risk condition waits for care at the emergency room of a small hospital. The following data are obtained for 20 patients.
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1)Customers enter a store according to a Poisson process of rate A = 6 per hour. Suppose it is known that but a single customer entered during the first hour. What is the conditional probability that this person entered during the first fifteen minut..
A more general exponential reliability model may be defined by R(t)=a^(-bt) where a>1, b>0 and a and b are parameters to be determined. Find the hazard rate function, and show how this model is equivalent to R(t)=e^-(lambda*t).
In an extensive study involving thousands of British children, Arden and Plomin (2006) found significantly higher variance in the intelligence scores for males than for females. Following are hypothetical data, similar to the results obtained i..
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A company is considering expansion of its current facility to meet increasing demand. If demand is high in the future, the major expansion would result in an additional profit of $800,000, but if demand is low then there would be a loss of $500..
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An insurance company suspects that there is a positive linear relationship between the dollar amount of fire damage in residential fires, and the distance between the residence and the nearest fire station. Data were collected on a random sampl..
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